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20121101
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payout is conditional on another round of government cuts and austerity measures. >> they are driving us to poverty and hunger. is that going to make it better for greece? i don't think so. in the next three years, 200,000 people will lose their jobs just like that. >> those of austerity measures are expected to cost more than 20,000 public workers their jobs. >> for the latest, let's go now live to our correspondent, who joins us live from athens. how much time does this by greece, and what does athens need to do now? how many cuts need to be made? >> the expectations are that there will be a breathing space for greece now up until the end of the first quarter, until march of next year. the money is expected to start flowing into greece in mid- december. but one point to remember here is that much of that money has already been spent, in a sense. this has taken nine months nearly to organize this new bailout, so government departments zero lots of money to suppliers. banks have not been able to make many loans, so the money that is going to be coming initially in a sense has been alread
. that is the same as the vatican. >> only a handful of countries voted against the move, including the u.s. and israel. both threaten to sanction palestinian request. israel today announced the construction of 3000 more settler homes in response. >> many hope it will be for step toward independence and true statehood. >> life remains the same in the palestinian territories, but many say the united nations vote has given them a new outlook. >> it is a beautiful feeling. there's hope that our children will grow up in an independent nation with its own voice, and that is a feeling that is hard to describe it. >> the decision came after a powerful appeal by the palestinian authority president in new york. >> the general assembly is called upon today to issue a birth certificate of the reality of the state of palestine. >> 138 generally assembly -- general assembly members voted in favor of upgrading palestine to the status of nonmember observers say. israel opposed the status change, saying the resolution will not help further the peace process. >> the truth is nothing will change if they cont
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